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    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner
    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner
    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner
    Ebook115 pages2 hours

    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner

    By Joseph Sordi

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    About this ebook

    Read this Joseph Sordi book on your PC, Mac, smart phone, tablet or digital device or in paperback.

    There is a certain progression of things every new trader must learn before going into the live market and working with real money. How to Limit Risk and Maximize Profits in Forex Trading as a Beginner tells you what to learn first and foremost as a beginner so you can be successful and start making money right away How to Limit Risk and Maximize Profits in Forex Trading as a Beginner as an introduction for brand new Forex investors and swing traders who have zero or very limited knowledge about what to do or what to study to get started in trading in the currency markets. This book is specifically written for brand new traders to give them the very first basic knowledge they need to get started so they don’t have to do a lot of searching around and perhaps waste a lot of time and money.

    This short book can fast track your long learning curve so you can begin making lots of money right away. If you want to make money right away from your new investing and trading business this short book can expedite the amount of time it takes and enables you to make money - right away. The information in How to Limit Risk and Maximize Profits in Forex Trading as a Beginner has been written to save time and money for a brand new self-directed investor and trader, so they don’t waste a lot of either when they are first starting out and don’t know what to do. When first starting off in the investing and trading business new people make a lot of mistakes which can cost them a lot of money and How to Limit Risk and Maximize Profits in Forex Trading as a Beginner has some tips and tricks to help the new investor and trader reduce those costly errors.

    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner gives you clear concise information it would take you years to find out on your own before you could begin to have any chance at making a real income from the live markets. The live markets are not for the weak minded or untrained and should you decide to go in there unprepared or under prepared as a beginner self-directed retail trader only one thing will happen, you’ll get FUBAR. Don’t be that trader!

    When you are done reading How to Limit Risk and Maximize Profits in Forex Trading as a Beginner you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in this book will put you on the fast track to becoming a successful self-directed currency investor and trader. There is a bonus section at the end of How to Limit Risk and Maximize Profits in Forex Trading as a Beginner where there are some great tips to help you get started trading on demo. There are also some great extra links to more  learning information.

    LanguageEnglish
    PublisherJoseph Sordi
    Release dateNov 12, 2015
    ISBN9781519995087
    How to Limit Risk and Maximize Profits in Forex Trading as a Beginner

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      Book preview

      How to Limit Risk and Maximize Profits in Forex Trading as a Beginner - Joseph Sordi

      How to Limit Risk and Maximize Profits in Forex Trading as a Beginner

      Easiest Beginner Trading Method to Learn Fast

      By Joseph Sordi

      Copyright 2015

      Why you should read this entire book

      Almost all the professional investors and traders I know do not even worry about the making money. They are much more concerned on managing their capital and risk in the live markets. It’s really not about making money it is about keeping the capital you already have.

      The reason you bought this book and why it is unique is that it is going to tell you about the who, what, where, when and how about what you need to know to be able to trade and invest in today's financial markets (or any tradable market) with confidence and zero fear and to be able to do it the right way from the start on as little as $500 capital to start with.

      When you are done reading this book you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education as a self-directed beginner. The information in this book will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested other than the cost of this book. There are some intermediate principles in the book that can help a self-directed beginner to make money right away.

      You will be able to make the first decisions as to what you want to study and how you plan to do your education in order for you to be able to make your own self-directed investment decisions with real money in the live currency, stock or futures markets, and also how to keep your risk low while maximizing your profits.

      Once I tell you the basics to low risk high profit investing and day trading the live financial markets to make money every day with the smart money I encourage you to use the extra clickable links provided at the end of the book to do more of your own research to utilize the simple investing and trading principles you learn into your own core strategy when you put it together.

      Your core strategy can and should be very simple and really all you will need to make money with the smart money every day in the live financial markets or any liquid market for that matter. I use this method every time I initiate a position in the live market after doing my due diligence and research.

      Once you know what this method is you will find that is very practical and can be used it in the live financial markets in an intelligent and methodical way every day. When you have it down pat you will have a lethal double whammy method to make as much money as you want or need. The beauty of it is that it can be used in all liquid markets and all time frames making it a robust method that is easily repeatable across any asset.

      The professional advice I give you in this book will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant. Becoming a successful self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it!

      I feel this book does an excellent job in explaining the very first things a new investor and trader needs to know before even doing anything. It is meant to be a spring board for the very first educational information that a new person needs for a baseline to get started from, and will also help to keep the money you make from investing and trading if you follow the rules you make for trading, it’s that easy.

      There are a lot of pre-education and pre-trading decisions you will need to make before you spend any money on trading or capitalizing an account to trade live with as a brand new self-directed trader. This book delivers a basic comprehensive guide to some of the tools and resources needed to help give you the best beginner information to make some of those hardest decisions.

      Learning to change bad habits developed by having the wrong information to start off with are very hard to break. Listen to what it says to do in this book and don’t develop any bad habits to begin with and you could be cruising your money train down to the bank everyday consistently.

      Another reason you should read this whole book is so that you can avoid the mistakes that 97% of retail sheeple of the herd and retail traders make from day one. The books in my brand new investor and trader series talk about those reasons in detail so that you don't have to waste years finding it all out the hard way and expensive way on your own. You’re welcome!

      If you need to learn this business from the ground up then this book is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business from the start. There are no money back guarantees in the financial markets however you must know the right information from the start to have a chance of becoming consistently profitable and financially successful.

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      Table of Contents

      Why you should read this entire book

      If you’re new figure it out before you do anything

      The education and training can be long and expensive – it doesn’t have to be that way

      To make high profits you’ll to be an expert at reading price action on a chart

      Money management is the way to maximize your profits

      Trade by the rules to keep your risk low

      Shouldn’t your trading method be what the market actually works on?

      The easiest method to learn for beginners to make money right away

      3 things that will help you win more trades – large PM, correlation, confluence in signals

      Some real world examples to really get you thinking

      Ways beginners can maximize profits and increase their winning percentage right away

      My final advice to new beginner self-directed traders

      Bonus section

      Extra links

      Glossary

      Disclaimer

      If you’re new figure it out before you do anything

      Begin with the end in mind I always say. There are a lot of things to consider when thinking about becoming a professional market investor and trader. You are the one who is making the decision to get into the futures trading and investing business, no one is making you do it. It is a big step for someone to take the plunge into the world of making money with money. One has to look inside one’s self and ask some very hard questions before they start driving their own money train down the tracks to riches in the live markets.

      It is very important to have figured out what your ultimate goals are before you step foot into the markets with your hard earned real money. Questions I ask new people are: are you trading for short term income or long term wealth building? Are you trying to build up your account balance to be able to take on more risk and trade larger size? I ask them why they want to do this business. I ask them if they know what their goals for the long term are and if they are thinking with a long term perspective.

      If a new investor or trader cannot answer these questions right away I just encourage them to stay out of the live markets until they can answer them and be honest. I also will ask them how much capital they plan to enter the live markets to work with. There is no point in trying to enter the live markets with scared money.

      Here are some of the main things you need to ask yourself and have made a decision on before you get going. Are you trading for short term income? Are you trading to build up an account balance so you can start trading multiple shares, lots or contracts? Are you trading for long term wealth goals and/or retirement and wish to be a buy and hold type of investor?

      What kind of investor or trader do you desire to be? You should know this before beginning this business. Figure out what style of investing or trading suits your personality the best. Do you want to day trade, swing trade, or position trade? What kind of time are you looking to put in on a daily basis? What kind of returns are you looking at monetarily? Are you the type of person who has a lot of time to devote to looking at charts in the live market to be a day trader? While I do not recommend day trading, it is possible; however, it requires a lot of time, preparation and a large amount capital. I know very few successful day traders.

      While I do not recommend day trading, it is possible; however, it requires a lot of time, preparation and a large amount capital. I know very few successful day traders. But if you are going to try it, How to Limit Risk and Maximize Profits in Forex Trading as a Beginner will tell you how you can do it with as little as $500 to start off.

      There are only a few different ways to be a market speculator - which way is best for you? You would either become an intraday trader, a swing trader or position trader. Do you like action? Maybe you want to be a scalper and get in and out of trades very

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